Who is the new Fed chairman?
Jerome Powell is still the Chair of the Federal Reserve as of April 2025.
He’s been steering the ship since 2018 and got reappointed for another term in 2022.
Powell’s cool-headed style and market-savvy background keep him at the helm during these choppy economic waters.
Chair of the federal reserve of the United States news : Is the Fed going to cut interest rates?
Markets sure hope so, and the Fed seems to be inching closer.
At the last meeting, the Fed hinted at two rate cuts by the end of 2025 if inflation trends stay tame.
Wall Street, being more impatient, is already betting on four cuts before New Year’s Eve.
How powerful is the chair of the Federal Reserve?
The Fed Chair might just be the most powerful unelected person in America.
Jerome Powell controls interest rates, influences inflation, and steers economic growth like a captain with the world’s largest steering wheel.
While he can’t act totally alone, his words move stock markets, currencies, and economies across the globe within minutes.
How long is the Fed chair term?
The Fed Chair serves a four-year term, but don’t confuse that with a typical political gig.
Powell’s term as chair runs until May 2026, although his spot on the Board lasts until 2028.
It gives him enough runway to shape economic policy without sweating every political mood swing.
Who controls the Fed chairman?
Here’s the twist — pretty much no one, directly.
The President appoints the Chair, and the Senate confirms, but once that’s done, Powell can’t be fired for just having unpopular opinions.
His only real bosses are the U.S. Congress (who he reports to twice a year) and, in a way, the broader economy itself.
What is the salary of Jerome Powell?
Jerome Powell isn’t exactly cashing Wall Street-sized paychecks anymore.
His Fed Chair salary is around $203,500 a year, which sounds modest compared to private-sector gigs.
Still, it’s more about power than paycheck when you’re moving trillions of dollars with a single press conference.
What’s Jerome Powell Net Worth?
Despite his government salary, Powell is one of the wealthiest public servants around.
His estimated net worth hovers between $50 to $55 million, thanks to his successful career in investment banking and private equity before joining the Fed.
Basically, Powell’s wallet stays heavy, regardless of whether rates go up or down.
How many Fed rate cuts in 2025?
As of now, the official projection suggests two quarter-point cuts in 2025.
However, the market is more aggressive, expecting three to four cuts depending on how inflation, jobs, and GDP numbers shake out.
It’s shaping up to be a tug-of-war between cautious Fed officials and optimistic traders.
Fed Announcement Today
There was no formal Fed announcement today (April 27, 2025).
The last major action came at the March meeting where rates stayed steady.
All eyes are now locked on the next policy meeting scheduled for May 6–7, where we might finally get a rate move.
Federal Reserve News Today
Today’s chatter is all about waiting and watching.
Powell’s recent remarks stressed patience, with the Fed taking a “data-dependent approach” moving forward.
In short, no panic moves — but also no rush to slash rates unless inflation continues to cool.
What did Jerome Powell Speech today argue?
Chair of the federal reserve of the United States news, Powell doubled down on his message: “We’re not in a hurry.”
He argued that while the economy shows signs of easing inflation, risks remain, and premature cuts could reignite price pressures.
Translation: the Fed wants real proof before handing out rate cuts like candy.
What was the Fed Meeting Outcome today?
No meeting happened today, but we’re still feeling the ripples from March’s outcome.
The Fed kept rates between 4.25% and 4.50%, signaling a cautious approach amid lingering global uncertainties.
Powell made it crystal clear — unless inflation behaves or growth tanks, big monetary changes will come slowly and carefully.
